Hong Kong Monetary Authority: The composite interest rate was 2.52% at the end of August, a decrease of 6 basis points compared to the previous month.
On September 20, the Hong Kong Monetary Authority announced the composite interest rate as at the end of August 2024.
On September 20th, the Hong Kong Monetary Authority announced the composite interest rate as of the end of August 2024. The composite interest rate, which reflects the average funding cost of banks, was 2.52% at the end of August 2024, a decrease of 6 basis points from 2.58% at the end of July 2024. The decrease in the composite interest rate mainly reflects a reduction in the weighted funding cost of deposits and interbank funds during the month.
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Hong Kong Pension Fund: Average net return on Mandatory Provident Fund this year is 16%, which will lead to a reduction in MPF fees.
Hong Kong: In the third quarter of 2025, the overall manufacturing industrial production index increased by 5.4% year-on-year.
In the third quarter of 2025, the total income of Hong Kong residents reached HK$908.2 billion, an increase of 1.5% compared to the same period last year.
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